Bank of England (BoE) Governor Andrew Bailey stated on Wednesday that the second-round effects of inflation are "less likely" given the weakening economy in the United Kingdom."We do expect and are beginning to see a pickup in inflation, [but] it's nothing like we saw a few years ago," he...
Member of the Bank of England's Monetary Policy Committee, Swati Dhingra, cautioned Wednesday that rising tariffs and trade fragmentation could pose inflationary risks for the UK.Speaking at the 2025 Dow Lecture, she warned that protectionist policies, including new US tariffs, may disrupt global...
Bank of England Governor Andrew Bailey underscored on Tuesday that the United Kingdom is at the moment experiencing an environment of "weak growth," stressing the challenge of pinpointing whether the slowdown stems from supply-side constraints or weak demand.Speaking at Bruegel, a...
Bank of England's Monetary Policy Committee member Megan Greene shared on Wednesday that the disinflationary process in the United Kingdom is "broadly on track."In a speech delivered at the Institute of Directors, she mentioned that the restrictive stance in monetary policy partly led to a...
Bank of England (BoE) Governor Andrew Bailey said on Tuesday that central banks are underestimating recent changes in financial markets, warning that their pace does not seem to be slowing down. He argued that central banks, which are responsible for ensuring financial stability, must...
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